Experts say different supervisory approaches mean mid-size US banks are still vulnerable to interest rate risk, while European banks remain relatively safe. But banks should set aside more capital to ensure a more resilient system.
Paraguay’s economy and finance minister talks to Europe editor Anita Hawser.
The region has seen a number of financing structure innovations, but more needs to be done to make a real sustainable impact.
Chile is working to reach a balanced economic development while transitioning toward carbon neutrality, writes minister of the economy Nicolás Grau.
Despite the significant challenges and risks of the inflationary outlook, Banco de la República is acting to fulfil the central bank’s price stability mandate, writes the governor.
While banks in the region are trying to anticipate which skills they will need in future, they are also focusing on how to diversify their talent pool across the board.
Small and mid-sized banks are likely to offer buy now, pay later solutions to attract new customers. But only the region’s bigger lenders may be able to move the needle.
A lack of regulation leaves vulnerable the 12 million people in the US who take out payday loans each year.
Despite the advance in the number of people accessing financial services in the region, those who have access to them still face struggles in terms of costs and indebtedness risk.
Celebrating 75 years in Canada, Bank of America launches its Request for Pay feature in the country.
Of the 650 fintechs in operation in Mexico, just 46 operate under its 2018 fintech law. Industry experts lament its shortcomings.
Banks on both sides of the Atlantic are struggling to invest in tech, but US lenders are at risk of falling behind.
Fintechs have long promised to transform financing for Mexico’s SMEs, but as large retailers and digital marketplaces come into the arena, it is the latter that could win the credit game.
Canada and economies across Asia have grown their share of US imports faster than Mexico in recent years. There are now signs of a turnaround.
BNY Mellon’s head of financing and liquidity speaks about the expansion of LiquidityDirect, recovering from the pandemic and supporting clients during the recent US banking crisis.
Fraysis Moronta of Banreservas talks to Barbara Pianese about the bank’s busy two years of digital product launches.
An in-house, legacy-free system developed by a US bank lets clients open accounts in days rather than weeks.
The Fed’s Basel III endgame could increase banks’ capital for trading by 60%.
Hopes for the launch of real-time payments system, FedNow, in the US are high; however, expectations are more cautious.
Total assets for the country’s financial co-operative sector reported 28.6% growth last year.